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20121201
20121231
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. with millions of americans unemployed this simply makes no sense. stephen moore, senior writer for "the wall street journal." how are you doing, steve? good morning. >> hi, bill. bill: they're saying 43,000 jobs because of this. what, a latex glove gets taxed? i thought it was just like on mri machines and big items like that? >> actually, no. thank you for doing this segment because a lot of americans don't realize when the president calls for all the new taxes in the fiscal cliff negotiation, mr. president we already have a big tax increase that will hit on january 2nd. that of course is the obamacare taxes. you mentioned one of them, the tax on medical devices and medical equipment, bill, which i agree with, congressman price. that will reduce innovation and will reduce the kind of invention and new products we need to keep people healthier. in addition to that, bill, don't forget there is something called 3.8% investment tax surcharge in the obamacare bill that starts in january. one of the things that the president says is a little misleading i will only raise tax rates back where they
're not in the union. stephen moore, "wall street journal." who would be next? >> there are a number of states neighbors to michigan really looking at this legislation. i'll name a few to you, bill. pennsylvania, ohio, west virgina, states like that are competing against southern states. remember a lot of jobs and a lot of manufacturing has moved from the midwest, the kind of rust belt of america to the south in part because those southern states are right-to-work. can i mention one other thing if i could, bill, about this issue that is important? bill: sure. >> there is so much misinformation what it means to be a right-to-work state. i want your viewers to know this, if you're a right-to-work state it does not ban unions, bill. simply means that workers who work for a unionized company have the right as an individual to join the union or not. it does not ban unions. bill: to be more specific, if you're not a member of a union, in michigan you're required to pay union dues. >> that is exactly right. bill: under this law you're no longer required to pay dues for something you're not gets servi
markets and see. guy wolf is macro strategist at marex speculation and jim moor yo is on constantly on cnbc. unless there's more than one of him. joining from the cme. as i said, a cnbc contributocon. guy, i'll start with you. i just referenced and we had jason trennert say the same thing, traders used to just mainline like fed 85 billion a month. that used to give us a great -- >> how do you know about that? mainline? >> because they're -- >> because they're addicts, traders. and they don't care about structural. they don't care about anything but gimme, gimme from the fed. they weren't even impressed by 85 billion until 2016. are the benefits of this policy to just not be apparent, and the negative effects, you know, coming more into the fore? >> yeah, i mean. a couple of factors. first is the fed are not the only ones out there quantitative easing. when they started they were the only central bank out there, so it had an unusual effect on their currency. whereas now it's much more -- keeping up with everyone else. as things roll off they have to do more just to keep things neutra
Search Results 0 to 3 of about 4 (some duplicates have been removed)

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